Revenue GrowthConsistent 17.4% revenue growth demonstrates sustained demand for iRidge's customer-engagement services. Strong top-line momentum supports scalable economics, helps absorb fixed costs, and increases the probability of achieving durable profitability and stronger cash generation as the business scales.

Business Model & Market PositioniRidge's platform model—official apps and digital marketing for retailers and service firms—aligns with structural mobile and digital engagement trends. Sticky app integrations and recurring campaign services create switching costs and a predictable revenue base over the medium term.

Gross MarginA 32.0% gross margin indicates healthy unit economics for an application software business. Solid gross profits provide room to invest in product, sales and customer success while retaining operating leverage potential, supporting sustainable margins as revenue grows.

Bears Say

Profitability WeaknessPersistent negative net margins and volatile net income indicate the company has not converted revenue growth into reliable profits. This limits retained-earnings accumulation, raises reliance on external financing, and delays the firm's ability to self-fund strategic investments or withstand shocks.

Operating Cash Flow DeclineA marked drop in operating cash flow signals weakening cash conversion and potential operational inefficiencies. Even with a positive free cash flow to net income ratio, negative FCF growth constrains reinvestment capacity and increases funding risk if losses and weak cash generation persist.

Eroding Equity PositionThe falling equity ratio alongside a moderate D/E of 0.61 shows the balance sheet's equity cushion has weakened over time. Reduced balance-sheet resilience limits strategic flexibility, raises vulnerability to adverse shocks, and may increase future funding costs if additional capital is required.

3917 FAQ

What was iRidge, Inc.’s price range in the past 12 months?

iRidge, Inc. lowest stock price was ¥401.00 and its highest was ¥727.00 in the past 12 months.

What is iRidge, Inc.’s market cap?

iRidge, Inc.’s market cap is ¥4.83B.

When is iRidge, Inc.’s upcoming earnings report date?

iRidge, Inc.’s upcoming earnings report date is May 08, 2026 which is in 60 days.

How were iRidge, Inc.’s earnings last quarter?

iRidge, Inc. released its earnings results on Feb 06, 2026. The company reported ¥84.35 earnings per share for the quarter, beating the consensus estimate of N/A by ¥84.35.

Is iRidge, Inc. overvalued?

According to Wall Street analysts iRidge, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does iRidge, Inc. pay dividends?

iRidge, Inc. does not currently pay dividends.

What is iRidge, Inc.’s EPS estimate?

iRidge, Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does iRidge, Inc. have?

iRidge, Inc. has 7,829,354 shares outstanding.

What happened to iRidge, Inc.’s price movement after its last earnings report?

iRidge, Inc. reported an EPS of ¥84.35 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.194%.

Which hedge fund is a major shareholder of iRidge, Inc.?

Currently, no hedge funds are holding shares in JP:3917

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

iRidge, Inc.

iRidge, Inc. engages in the planning, development, and operation of Internet services in Japan. It develops app, including scratch and package; sales promotion and customer attraction applications; and line mini app. The company also offers O2O solutions; app marketing tools comprising FANSHIP, and support services for business, CRM, data analysis, and operation; financial technology solutions, including MoneyEasy and BUS PAY; and DX solutions, including assignment schedule and tool management solutions, as well as NOID, a voice AI assistants alexa solution. The company was incorporated in 2008 and is headquartered in Tokyo, Japan.